Confirmed: Index And Union Square Invest In SoundCloud

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As we hinted predicted four days ago, SoundCloud was indeed talking to Index Ventures and Union Square Ventures about investing. It’s confirmed today on their blog that both firms have made undisclosed investments.

SoundCloud was looking to raise another round since its last was in April 2009, from Doughty Hanson Ventures for EUR 2.5 million. Since then it has scaled in adoption and taken on bigger offices and more staff.

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CrunchBase

OverviewSoundCloud is the world's leading social sound platform where anyone can create sounds and share them everywhere.
Recording and uploading sounds to SoundCloud lets people easily share them privately with their friends or publicly to blogs, sites and social networks.
It takes just a click to share sounds to Twitter, Tumblr, Facebook and Foursquare.
SoundCloud can be accessed using the official …